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Oct 9, 2012 5:30pm PDT
introduce tough deficit cutting measures. greece's politicians hope they'll receive more than 30 billion euros in bailout. it is part of a package approved by eurozone countries, the central bank, and international monetary fund. tens of thousands of greeks gathered to protest against merkel's visit. about 7,000 police officers were out in the streets to control the demonstrators. >>> now let's take a look at the latest market figures. >>> the international energy agency predicts that iraq's oil production will more than double. the forecast was in a report released on tuesday. the report says that iraq will likely produce 6.1 million barrels of oil a day in 2020. rather that's by 2020. iraq has signed many contracts with international oil companies. the country has been making progress and reconstruction since the u.s.-led war. the iea also projects by 2035 iraq's daily output will grow to 8.3 million barrels. that means iraq will overtake russia as the world's second largest oil exporter. but oil storage and transportation will be needed. the iea says iraq will achieve economic
Oct 11, 2012 2:30pm PDT
unemployment. >> we are adhering to our timetable and meeting our deficit targets. we will not change our policies or our targets. >> spain rejects imf's suggestions that it needs more time to stabilize its economy. some analysts say the delay in asking for aid is worrying markets. member the pressure to ask for a bailout is making the country suffered. nobody wants that. not germany, nor spain. that alone could put us closer to a bailout. >> the spanish government says it will consider applying for aid once it has explored all options and conditions. >> despite the bad economic news in europe, germany's traders were in an optimistic mood. we have this report from the frankfurt stock exchange. >> germany is getting prepared for economic weakness. in other places of the world, signs of recovery are coming up. better than expected economic data from the united states pushed stock prices of words here in frankfurt. also bit unexpected were quarterly earnings reports, the ones from walmart for example. shares of siemens made an exception, though. they were among the losers on this
Oct 12, 2012 5:30pm PDT
planned. >> greek leaders say they need more time to cut their budget deficit. they're asking officials of the eu and other organizations to push back a deadline by two years. he said the greek economy is likely to shrink next year for the sixth year in a row. he says more austerity would throw the economy off balance. greece's unemployment up 25% in july. he said governments will privatize state-run firms to revive economy and create jobs. >>> the u.n. and arab league peace push is back in the middle east. to try to find a revolution with the syrian war. he began by meeting king abdullah. he is believed to have asked the king not to intervene excessively. supporters and opponents of syrian president bashar al assad are fighting in cities of aleppo and homs. landed in a town in turkey and killed five people. turkey's troops have retaliated by firing into syria. to continue his tour in turkey and egypt. he hopes to go to syria next week and meet president assad. >>> now here's the three day world weather forecast. >>> that concludes this edition of "newsline." i'm keiko kitagaw
Search Results 0 to 3 of about 4 (some duplicates have been removed)